ASMI Share Buyback Update January 25 - 29, 2021
ASM International N.V. has announced a share buyback update, reporting a total of 21,683 shares repurchased from January 25 to January 29, 2021. The average price paid per share was €221.64, resulting in a total repurchase value of €4,805,827. This buyback is part of a broader €100 million share buyback program initiated on June 2, 2020, with 80% of the program now completed. These actions are aimed at enhancing shareholder value while navigating industry challenges.
- Significant buyback program completion, with 80% of €100 million utilized.
- Recent repurchase amounting to €4,805,827 may enhance shareholder confidence.
- None.
Almere, The Netherlands
February 1, 2021, 5:45 p.m. CET
ASM International N.V. (Euronext Amsterdam: ASM) reports the following transactions, conducted under ASMI's current share buyback program.
| Date | Repurchased shares | Average price | Repurchased value |
| January 25, 2021 | 21,683 | | |
| January 26, 2021 | - | - | - |
| January 27, 2021 | - | - | - |
| January 28, 2021 | - | - | - |
| January 29, 2021 | - | - | - |
| Total | 21,683 | | |
These repurchases were made as part of the
About ASM International
ASM International NV, headquartered in Almere, the Netherlands, its subsidiaries and participations design and manufacture equipment and materials used to produce semiconductor devices. ASM International, its subsidiaries and participations provide production solutions for wafer processing (Front-end segment) as well as for assembly & packaging and surface mount technology (Back-end segment) through facilities in the United States, Europe, Japan and Asia. ASM International's common stock trades on the Euronext Amsterdam Stock Exchange (symbol ASM). For more information, visit ASMI's website at www.asm.com.
Cautionary Note Regarding Forward-Looking Statements: All matters discussed in this press release, except for any historical data, are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These include, but are not limited to, economic conditions and trends in the semiconductor industry generally and the timing of the industry cycles specifically, currency fluctuations, corporate transactions, financing and liquidity matters, the success of restructurings, the timing of significant orders, market acceptance of new products, competitive factors, litigation involving intellectual property, shareholders or other issues, commercial and economic disruption due to natural disasters, terrorist activity, armed conflict or political instability, changes in import/export regulations, epidemics and other risks indicated in the Company's reports and financial statements. The Company assumes no obligation nor intends to update or revise any forward-looking statements to reflect future developments or circumstances.
This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
CONTACT
Investor and media contact:
Victor Bareño
T: +31 88 100 8500
E: victor.bareno@asm.com
Attachment
FAQ
What is the recent share buyback amount for ASMIY?
What percentage of the buyback program has been completed for ASMIY?
What was the average price per share in the recent buyback for ASMIY?
Why is ASM International conducting a share buyback?
